A new tax deduction lets qualifying buyers write off up to $10,000 in car loan interest on American-assembled vehicles purchased through 2028. Here's who qualifies and how to claim it.

If you took out a car loan last year, you might be able to write off up to $10,000 of interest on the loan when you file your tax return this year.

The countdown is underway and the Tax Day deadline is now just a little over a month away for Americans. As taxpayers navigate all the new and changing rules since last year's tax season, what are ...

Ford (NYSE: F) recently wrote off $19.5 billion due to the collapse of its EV business. GM (NYSE: GM) wrote off $6 billion because of the failure of its EV efforts, just after a $1.7 billion write-off ...